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The article says that he is "setting up" a new one: >Google co-founder Sergey Brin is setting up a new half-billion-dollar nonprofit focused on health and clim
by jaclaz 4y ago
The article says that he is "setting up" a new one:
>Google co-founder Sergey Brin is setting up a new half-billion-dollar nonprofit focused on health and climate change, and filings show the majority of funding so far comes from Tesla Inc. shares.
> Catalyst4, the new organization, is a 501(c)(4), which allows Brin ...
but it seems like that should have been more like (in plainer English):
In 2021 Brin created a 501(c)(4) organization, named Catalyst4, to which (somehow) he conferred his Tesla stock that were later sold in December 2021, Bloomberg has learned only now by examining its past filings.